MIDWEST Bond-Watch

AUTHOR(S)

Shields, Yvette; Carvlin, Elizabeth

PUB. DATE

October 2004

SOURCE

Bond Buyer;10/27/2004, Vol. 350 Issue 31998, p35

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

The article presents information about financial condition in the U.S. The Chicago City Council Finance Committee last week endorsed the city's plan to raise $1.8 billion by handing over operations of the Chicago Skyway toll road to a private company, a deal that will help boost financial reserves and retire debt. Moody's Investors Service last week upgraded to A2 from A3 Methodist Medical Center of Illinois underlying credit on $77 million of triple-A insured outstanding debt. Standard & Poor's Corp. last week revised its outlook to stable from negative on Skaggs Community Hospital's BBB credit.

ACCESSION #

14897295

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